what is a mortgage ?
What is a mortgage ?
A mortgage is a long term bank loan used to purchase housing or other property. The loan is guaranteed by the property you purchase. Because of the ability to spread the repayment over many months at an affordable rate mortgages are the most popular type of home financing vehicle in Israel
A mortgage loan is given for the following purposes
A loan for any purpose
Renovation or expansion of existing property
Purchase of land for self-construction
Purchase of a residential home
Process of obtaining a mortgage
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For initial consultation
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